Finance Minister Lim Guan Eng told reporters on Tuesday the government had to support Felda as the previous government had caused "huge losses". He did not elaborate.
Najib highlighted that the purchase agreement came with a put option for Felda to sell back EHP shares to Sondakh at the purchase price of US$505.4 million plus 6% annual interest return
Sondakh is known as Najib's friend. Najib's Facebook post came following a police report lodged by Felda director general Datuk Dr Othman Omar against the former premier
TOMORROW, Putrajaya is expected to unveil plans to rescue Felda – the historic land scheme that once lifted thousands from poverty but which now struggles to provide its participants with a decent income.
The plans are expected to be tabled in Parliament in the form of a white paper detailing what went wrong with the 63-year-old agency and its business units.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
racheal817
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Posted by racheal817 > 2019-04-09 15:38 | Report Abuse
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